THE BIG DEBATE BURSTS BACK - WITH REDI TLHABI

Thursday, May 18, 2017

MultiChoice says it won't comment as speculation swirls regarding the pay-TV service's African division that could possibly be sold to MTN.

Rumours abound that Naspers is possibly looking at offloading MultiChoice Africa - the division of its pay-TV service arm outside of South Africa - to the cellular operator MTN.

In response to a media enquiry asking MultiChoice if MultiChoice Africa is possibly being spun-off and if it could potentially be sold off, MultiChoice says it won't confirm or deny that.

MultiChoice says it is currently in discussions with MTN regarding a content supply agreement.

MultiChoice further says "it is our company policy to neither acknowledge nor deny our involvement in any merger, acquisition or divestiture activity, nor to comment on market rumours".

With several African countries's economies under severe pressure, MultiChoice Africa has come under similar pressure the past two years in several African nations - most notably Nigeria - where depreciating currencies have had a debilitating impact on content and operational costs, and has had a sharp negative impact on the pay-TV operator's revenue.

About Me

is an independent TV critic, writer and journalist in South Africa as well as a pop culture and media expert.
He writes breaking news about TV for daily and weekly leading publications in the country and authors trend and analysis pieces about the TV business.In addition he writes regular weekly and monthly TV columns. He has and continues to write extensively about TV - chronicling what's on it and happening behind the scenes.